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Friday, 16 June 2017

Epoxy Adhesives Market - Positive Long-Term Growth Outlook 2024

A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Epoxy
Adhesives Market.
The study, titled “Epoxy
Adhesives Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.

Epoxy
adhesives are adhesives or glues whose base polymer is formed by a
chemical group known as epoxy. These adhesives possess high strength
and load resistance due to which they are used for adhesion of
numerous substrates such as wood, metals, plastics, glass, and
stones. Epoxy adhesives are formed by the polymerization of resin and
hardener which causes the covalent bond formed between the epoxide
group of the resin and the amine group of the hardener to produce the
cross-linkage of the polymer and thereby dictate the rigidity and
strength of the epoxy. Epoxy adhesives stick to a wide variety of
materials, and their properties are dependent upon the specific
chemistry of the system and the nature of the cross-linking
available. A few important performance requirements include
exceptional chemical and heat resistance, excellent adhesion and
water resistance, as well as satisfactory mechanical and electrical
insulating properties.

Based
on type, epoxy adhesives can be classified into the one-component and
two-component varieties. One-component epoxies can be used straight
from the tube without requiring any mixing, metering, or degassing.
These epoxies need heat to initiate their function. Two-component
epoxies are commonly used epoxy adhesives which do not involve
heating for curing. Mixing the resin and hardener suffices. Hardeners
trigger the polymerization required for curing. Two-component epoxy
adhesives are commonly used; however, demand for one-component epoxy
adhesives is anticipated to rise rapidly due to their excellent
properties including quick curing time, a solvent-less system, and
consumer-friendly nature.

Epoxy
adhesives find extensive application in the aerospace, automotive,
building & construction, and semiconductor industries. Building &
construction held a major share in the epoxy adhesive market in terms
of volume, followed by the automotive sector. Aerospace and
semiconductor also constituted a decent share in the market. The
developments in the aerospace industry is a key driver of the market.
Due to the superior mechanical properties of epoxy adhesives, such as
their resistance to sustained load and temperature & pressure
variations, they are the adhesives of choice for the aerospace
industry. The semiconductor industry is expanding exponentially due
to the increasing usage of electronic gadgets, which is driving the
market for epoxy adhesives.

Asia
Pacific dominates the global epoxy adhesives market. China is a major
market for epoxy adhesives in the region. However, India and Thailand
are rapidly growing as well, while South Korea and Japan are among
the large-scale manufacturers of epoxy resins. The market is expected
to advance considerably during the forecast period. Demand for the
product is also likely to rise in North America and Europe. Germany,
the U.S, and the U.K are major consumers of epoxy adhesives. Latin
America and Middle East & Africa exhibit a steady need for epoxy
adhesives for the building & construction industry.

Get
accurate market forecast and analysis on the Epoxy Adhesives market.
Request a sample to stay abreast on the key trends impacting this
market@

The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.

Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.

Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.